S&P upgrades Validus Re to A+, deems reinsurer ‘core’ to AIG
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S&P upgrades Validus Re to A+, deems reinsurer ‘core’ to AIG

James Thaler
01 June 2021
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Validus Re and AIG Bermuda with Chris Schaper.jpg

Standard & Poor’s has upgraded the issuer and financial strength ratings of Validus Re to A+, after revising its view of the reinsurer’s strategic importance to corporate parent AIG.

In an announcement disclosing the upgrade, S&P said it now considered the reinsurer’s operations to be “core” to AIG’s business, revising an earlier held view that Validus had been “highly strategically important”.

The

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Topics

News Bermuda AIG Validus
JT
James Thaler
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